The price touched the Resistance (Trend) at 10350.00 after a strong upwards move.
The SMA 100 is acting as a strong Resistance (Yellow Circle). We are now heading back
to our next Support at 8800.00, where we will possibly meet the SMA 50.
With a bullish sentiment in the short-term (Golden Cross), the price might bounce from there.
Position: Short
Open: 9400.00 - 9500.00
Close: 8800.00 - 9000.00
I will update this chart accordingly!
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Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
The SMA 100 is acting as a strong Resistance (Yellow Circle). We are now heading back
to our next Support at 8800.00, where we will possibly meet the SMA 50.
With a bullish sentiment in the short-term (Golden Cross), the price might bounce from there.
Position: Short
Open: 9400.00 - 9500.00
Close: 8800.00 - 9000.00
I will update this chart accordingly!
Leave a thumbs up if you like this idea and Follow me for more ideas!
Feel free to support me on Patreon.
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
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